The former couple, dating since 2009, confirmed the news in statements released this afternoon. Brit’s rep shared, “Britney Spears and Jason Trawick have mutually agreed to end their one-year engagement. As two mature adults, they came to the difficult decision to go their separate ways while continuing to remain friends.”

Britney and Jason, who had been engaged since December 2011, said they’ll continue to be close despite the split. “Jason and I have decided to call off our engagement. I’ll always adore him and we will remain great friends.” Jason added: “As this chapter ends for us a new one begins. I love and cherish her and her boys and we will be close forever.”

Britney has had a busy week, she also confirmed the rumors about her judging gig on The X Factor: she won’t be returning for another season. Rumors are swirling that she’s negotiating to have her own headlining show in Las Vegas!

Kathleen Spencer is a pop culture fanatic, movie aficionado, lover of celebrity gossip and is a confessed mommy blog addict. Kathleen has a decade of experience writing about the trials, tribulations and triumphs of celebrities and their cohorts.